BNY Mellon
Slow Budget Growth Prompts New Spending Strategies
Anemic technology budget growth—a large portion of which is tied up in compliance—means firms are looking to make the most of the money they do have to spend on IT. Strategies for stretching the available dollars include restructuring budgets and…
CME Clearing Europe Selects BNY Mellon as CSD
CME Clearing Europe has become a client of the central securities depository (CSD) operated by BNY Mellon, the bank has announced.
Actionable Material
Data quality, timeliness and standardization have become the most important traits for corporate actions processing. Michael Shashoua hears from industry experts on the challenges these represent
The More Things Change
Innovation in financial services data management has progressed significantly since a call to arms at Sibos 10 years ago, as shown by new initiatives from Finra and BNY Mellon. But how far has it come?
IRD Awards Include Big Wins For Fenergo, Interactive Data
Fenergo and Interactive Data score big in the Inside Reference Data Awards, as Thomson Reuters recaptures one prize, and Markit is honored for humanitarian work
S&P CapIQ Taps Fitch's Smith to Head New Credit Data-Ratings Biz
S&P Capital IQ has created a new business area, dubbed S&P Credit Solutions, that combines the vendor's analytics, research and data with ratings data from Standard & Poor's Ratings Services, and has hired former Fitch exec Neil Smith to lead the new…
For Fatca Compliance, Banks Work to Create Internal Data Hubs
At a conference hosted by Waters' sibling publication OpRisk, panelists discussed the technological pain points that surround compliance with new Fatca guidelines. The key hurdle is clear: integrating disparate systems in order to more efficiently share…
Bank of the West Hires Goldberg
David Goldberg, a veteran of data management roles at Santander USA, BNY Mellon and JPMorgan Chase, has relocated to San Francisco from New York, to become chief data governance officer at the firm
Work in Progress
Big data has become a familiar topic in the financial information industry, but what success have firms had in implementing technology to derive value from the increasing volumes of structured and unstructured data being generated, asks Nicholas Hamilton
Managing the Front Office - Back Office Data Gap
Firms’ leadership and front offices tend to harbor skepticism about back-office handling of reference data. Michael Shashoua hears from users and providers on how front- and back-office staff can have constructive dialogue and work together instead of at…
BNY Mellon CSD to Begin Securities Settlement in Luxembourg
BNY Mellon has announced its Brussels-based central securities depository (CSD) has been recognized as a securities settlement system by the Luxembourg Stock Exchange.
BNY Mellon Survey: Institutional Investors More Focused Than Ever on Risk Management
A recent survey by BNY Mellon, New Frontiers of Risk: Revisiting the 360° Manager, has found that institutional investors are more than ever focusing on their risk management capabilities, and are also on the look-out for new sets of risk tools.
Cox Supports IDC, Pace Metrics as Independent Consultant
Matthew Cox has set up his own consultancy firm, MJC Data Management Solutions, and is supporting Interactive Data with the roll-out of a price validation tool
AFTAs 2013: Best IT Team—BNY Mellon
There’s a reason why the best IT team category is the final announcement at the American Financial Technology Awards: It’s the highest profile, and therefore the most prized, of all 16 categories on offer. BNY Mellon’s IT team, under the tutelage of…
2013's Trading Technology: A Year of 'Accelerating Returns'
Readers of Waters' ongoing coverage will have noticed several themes that blossomed over the past 12 months. Some of them were predictable. But 2013 also offered up more than a few unexpected hints of opportunities to come—whether imminently, or further…
Collateral Transformation, Agency Execution to Reinforce Swap Dealers' 'Stickiness'
As the buy side ramps up simulation of electronic swaps execution ahead of next year, panelists say old questions remain about what sell-side services will gain steam, and which are technologically feasible at all.
Collateral Transformation, Agency Execution to Reinforce Swap Dealers' 'Stickiness'
As the buy side ramps up simulation of electronic swaps execution ahead of next year, panelists say old questions remain about what sell-side services will gain steam, and which are technologically feasible at all.
Fatca special report
December 2013 - sponsored by: Avox, a DTCC Company, Noetic Partners, SIX Financial Information
BYOD Not a Given, Even as BlackBerry Flounders
There was a time in the not-too-distant past when BlackBerry dominated on Wall Street. As the Apple iPhone—and to a lesser extent, Android—gains ground, though, firms are advancing bring-your-own-device (BYOD) strategies, even as some pull back.
BNY Mellon Launches AIFMD Reporting Tool
BNY Mellon has launched a new reporting tool to help its fund-administration clients meet regulatory reporting requirements as stipulated by the Alternative Investment Fund Manager's Directive (AIFMD).
Waters Panel: Big Data Analytics to Get Bigger, Smaller
With Big Data analysis and business intelligence tools becoming more functional and sophisticated, firms can now extract more valuable data from a broader range of data sources in a fraction of the time that it would have taken in the past. As a result,…
BNY's AccessEdge Collateral Portal Connects to Bloomberg
BNY Mellon has added a link with Bloomberg to its AccessEdge collateral management portal, allowing collateral receivers and providers to instruct collateral trades from the Bloomberg Professional service.
BNY Mellon Launches Liquidity Administration Service
BNY Mellon is rolling out a new liquidity administration service for funds of hedge funds and pension plans.